21Shares, a veteran crypto investment company with more than $ 11 billion in management assets (AUM), has announced a strategic partnership with Teucrium, an asset management company focused on ETF of raw materials and ultimately. Thanks to the strategic partnership, 21Shares announced that it had filed two funds – the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 Exf BTC Index ETF – with the United States Securities and Exchange Commission (SEC).
The ETF 21Shares FTSE Crypto 10 index intends to follow a weighted index in market service for the ten best cryptographic assets in the world. On the other hand, the ETF 21Shares FTSE Crypto 10 Exed ETF follows a distinct Russell FTSE index which excludes Bitcoin.
“Investors are increasingly looking for diversified and easy -to -access means to participate in long -term growth in digital assets, and 21Shares aims to provide ETF structures to meet this request, subject to regulatory approval,” noted Federico Brokate, head of American activities at 21 shares.
21Shares focuses on cryptographic token in the middle of regulatory clarity
The two cryptographic funds of 21Shares operate the regulations tested for securities and tokenization in the United States. For example, the two funds will be structured under the funds of the 1940 law and will offer investors a more familiar taxation.
“The methodology and the structure behind our prices and digital indices of assets have been developed to give investors strategic allocation tools,” said Kristen Mierzwa, manager of digital assets at FTSE Russell.
The tokenization of cryptographic assets, which is under the jurisdiction of the dry, will play a crucial role in the dominant adoption of digital assets by institutional investors. Already, President Donald Trump signed the law on engineering after a majority supported it in the Senate and the House of Representatives.
